Thailand, Vietnam Pledge to Raise Trade to $25 Billion Within Four Years

Thai Prime Minister Anutin Charnvirakul held two days of talks with Vietnamese officials in Hanoi that ended with a pledge to raise bilateral trade to US$25 billion within four years. The two sides also agreed to eventually double that figure again after the initial target is reached.

They further committed to integrating supply chains in electronics and semiconductors and to reducing trade barriers.

Anutin played a traditional Vietnamese t’rung xylophone at a state banquet in Hanoi on Monday. The performance followed Vietnamese President To Lam’s visit to Bangkok approximately two weeks earlier. Economist Pavida Pananond of Thammasat Business School said both countries face a shared external shock from the fracturing of the rules-based trading order, reconfigured global supply chains, and intensifying US-China competition.

South China Morning Post reported the agreements on 14 June 2026.